"At the end of the Christmas season, it wasn't as though stores in the U.S. had no Wii U left in stock, as it was when Wii was first sold in that popular boom," Iwata told Reuters. "But sales are not bad, and I feel it's selling steadily."

Not bad! Could be worse! No complaints!

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Interestingly, Iwata also talked about the difficulty of selling two different models of Nintendo's new console at the same time. The basic model is $300, with an 8 GB hard drive and a white finish. The $350 premium model is black, and comes with a 32 GB hard drive and a copy of Nintendo Land. The basic package, Reuters reports, has been stuck on store shelves, while the premium Wii U is sold out all over the place.

"It was the first time Nintendo released two models of the game console at the same time ... and I believe there was a challenge with balancing this," Iwata said. "Specifically, inventory levels for the premium, deluxe package was unbalanced as many people wanted that version and couldn't find it."